TouchStone S/W (TSSW) Message Board

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Technology Stocks : TouchStone S/W (TSSW)

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To: Wayne Eggleston who wrote (3219)	3/27/2000 8:04:00 PM
From: David Alan Cook	Read Replies (3) of 3627

Wayne, Lets see the details of the sale. My understanding is that TSSW keeps the cash and the net loss carryforward. I also believe that TSSW will have an arrangement with PTEK in addition to receiving the $2.5 million. Lets see if TSSW will receive shares in eSupport.com when PTEK takes them public. I would not be surprised to see TSSW have a position in one or more other IPOs. I would expect another good qtr in the first qtr. A gain from the sale of eSupport.com in either the first or second quarter, elimination of taking amortization and noncash charges and an increase in tax benefit from the loss carryforward. Bottom Line is that TSSW has made more off its investment in PRTS than it did in any single year with its software business. Waiting on the company to announce its next position. DC

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